PPP Loan information for Milton manufacturing inc.

$1,883,578

Milton manufacturing inc. was initially approved for PPP Loan of amount $1,883,578, the current approved amount is $1,883,578. The loan was approved on 01/25/2021 by The First Merchants Bank reported 95 jobs and $1,883,578 was used to fund payroll.

Milton manufacturing inc. is Existing or more than 2 years old

PPP Loan Search / MI / Detroit / Milton manufacturing inc.

MILTON MANUFACTURING INC.

Date Approved

01/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MILTON MANUFACTURING INC.

Borrower Address

301 E Grixdale

Borrower City

Detroit

Borrower State

MI

Borrower Zip

48203-2036

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1883577.50

Current Approval Amount

1883577.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Detroit

Project County Name

WAYNE

Project State

MI

Project Zip

48203-2036

CD

MI-13

Jobs Reported

95

NAICS Code

332322

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1883571.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1907935.00

Forgiveness Date

05/23/2022

;